£354,585
This estimated value is based upon the latest sale price for the house of £200,000 on 8 Oct 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 8 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in October 2009 the House Price Index for ESSEX was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £200,000 results in an estimated price of approximately £354,585.
| 8 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £200,000 | £154,585 | £354,585 |
The Postcode Pricing Model uses changes in average sales price within the CM9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 81.120 % | £162,239 | £362,239 |
| 3 Month Average | 88.783 % | £177,566 | £377,566 |
| 6 Month Average | 91.148 % | £182,296 | £382,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £378,285 | £375,000 | 56 GRANGER AVENUE |
| 14 Mar 2024 | £370,695 | £365,000 | 72 GRANGER AVENUE |
| 21 Dec 2023 | £397,205 | £385,000 | 12 WASHINGTON ROAD |
| 25 Oct 2023 | £51,162 | £50,000 | 7 GRANGER AVENUE |
| 22 Aug 2023 | £446,045 | £438,000 | 4 WASHINGTON ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 7 Aug 2017. Using an estimated price of £354,586 means this house is valued at £2,686 per sq meter (£249 per sq foot).
The average size of a house on WASHINGTON ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Granger Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Plume Avenue |
| Oct 2024 | Other crime | Under investigation | On or near St Peter'S Avenue |
| Oct 2024 | Anti-social behaviour | On or near St Peter'S Avenue | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Avenue |